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Nigerian Banks

Dangote Warns Oil Theft Syndicates Outgun Drug Cartels

Dangote warns that Nigeria’s oil mafia rivals drug cartels, blaming refinery losses and pipeline sabotage for undermining energy security.

INEC Opens Online Accreditation for FCT Election Coverage

INEC has opened an online accreditation portal for journalists covering the FCT poll, signaling early preparations for structured media access during the elections.

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

Dangote Warns Oil Theft Syndicates Outgun Drug Cartels

Dangote warns that Nigeria’s oil mafia rivals drug cartels, blaming refinery losses and pipeline sabotage for undermining energy security.

INEC Opens Online Accreditation for FCT Election Coverage

INEC has opened an online accreditation portal for journalists covering the FCT poll, signaling early preparations for structured media access during the elections.

Supreme Court Backs Fidelity Bank in Sagecom Case

The Supreme Court ruled in favor of Fidelity Bank, resolving a two-decade dispute with Sagecom and reducing the judgment debt significantly.

Dangote Sets N739 Petrol Pump Price

Dangote sets petrol pump price at N739 per litre, warning marketers and regulators as refinery partners begin nationwide rollout after gantry price cuts